from The American Heritage® Dictionary of the English Language, 4th Edition
- intransitive v. To misuse funds; embezzle.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- v. To misappropriate funds; to embezzle.
from the GNU version of the Collaborative International Dictionary of English
- transitive v. To cut off; to take away or deduct a part of; -- used chiefly of money, accounts, rents, income, etc.
- intransitive v. To commit defalcation; to embezzle money held in trust.
from The Century Dictionary and Cyclopedia
- To cut off; take away or deduct a part of; curtail: used chiefly of money, accounts, rents, income, etc.
- To be guilty of defalcation; default in one's accounts.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- v. appropriate (as property entrusted to one's care) fraudulently to one's own use
Medieval Latin dēfalcāre, dēfalcāt-, to mow, deduct : Latin dē-, de- + Latin falx, falc-, sickle.(American Heritage® Dictionary of the English Language, Fourth Edition)
1530s, in sense “to lop off”, from Medieval Latin dēfalcātus, perfect passive participle of dēfalcō ("cut or lop off"), from Latin dē ("off") + falx ("sickle, scythe, pruning hook"), from which also English falcate ("sickle-shaped"). (Wiktionary)